Griffin Coal

Griffin Coal is subsidiary of the Griffin Group, a major Western Australian company.

Griffin coal operates two major coal mines, the Muja Mine and the Ewington Mine. (The latter is also referred to as the "Ewington 1 & 2 Mines"). The company has also proposed the development of the Muja South mine.

Financial collapse and ownership changes
In January 2010 the Griffin Coal company was put into administration after failing to meet a deadline for payments to bondholders and the Australian Taxation Office on its $700 million on debts.

In March 2011 Lanco Infratech Ltd’s bought the Griffin Coal Mining Co. Pty Ltd’s coal mines in Western Australia for A$750 million. The report stated that "Lanco plans to boost almost four-fold to over 15 million tonnes per annum, in addition to adding rail linkages, and expanding facilities at Bunbury port." The coal, aside from that produced domestically, would be exported to feed Lanco's proposed major increase in coal-fired power plants it owns and operates in India.

Shortly afterwards the administrators sold the Griffin Group's subsidiary, Griffin Power, to Kansai Electric Power and Sumitomo Corporation.

Contact details
Level 15, 2B The Esplanade, Perth, Western Australia 6000 Telephone: (08) 9261 2800 Website: http://www.griffincoal.com.au/index.aspx

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